From 2019 monetary policy decisions will be announced the day before they are implemented. Market implementation of the OCR will continue to be the Thursday of the relevant week, with monetary policy announcements a day earlier, on the Wednesday. This change helps position the Reserve Bank for the upcoming shift to a decision-making committee structure.

Announcements will be made at 2:00pm for MPSs and OCR reviews, and at 9:00am for FSRs on the dates listed below. They will be published on the Reserve Bank website.

Media conferences will be held following the release of each MPS at 3:00pm and FSR at 11:00am. They will be live-streamed on the Reserve Bank’s website.

The Reserve Bank reserves the right to make changes to this schedule, if required. In such an event, the markets and the media would be given as much notice as possible.

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